Anurag’s Reviews > The West and the Third World: Trade, Colonialism, Dependence and Development > Status Update

Land redistribution actually caused dependence on foreign food in Kerala.

India's debt was actually forgiven at the end of WWII - and it was left with credit.

The issues with native acceptance of MNCs have existed primarily because MNCs have been too powerful when compared to native institutions (whether it be the higher salary or mobility of capital they offer).

Lall and Streeten also admit that a clear answer for MNC's effect on development goals wasn't possible.

Lall and Streeten find in their study for UNCTAD that MNCs don't differ significantly from how indigenous companies operate.

Aid is not longer charity.

IMF has been competing with World Bank in aid.

Aid is only as good as the government that receives it.